In this day in the life guide, you will find out:
- What does a day as Credit Analysts looks like
- What do they do every day
- Things they do on a weekly or monthly basis
- How many hours do they work
The purpose of this is to give you a clear picture of this career so you can make a better career decision on whether this career is suitable for you or not.
Top 2 Featured Schools For Credit Analysts[qs_listing areaofinterest=”ACCOUNTING, FINANCE, BUSINESS-ADMINISTRATION-WITH-A-FINANCE-CONCENTRATION, , ” maxresults=”2″]
Typical Day for Credit Analysts
Here is a list of tasks that Credit Analysts do every day.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
Weekly and Monthly Tasks
Here is a list of tasks that Credit Analysts do on a weekly or monthly basis.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Generate financial ratios, using computer programs, to evaluate customers’ financial status.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
- How many hours do Credit Analysts work per week? 40 hours per week
- What is the work schedule like? Regular (Set schedule and routine)
Indoors, Environmentally Controlled
Learn more about Credit Analysts
Related careers to Credit Analysts
This career is also closely related to Analyst, Credit Administrator, Credit Analyst, Credit and Collections Analyst, Credit Assessment Analyst, Credit Manager, Credit Negotiator, Credit Representative, Credit Risk Analyst or Credit Specialist.